12.10.2018 - “Gold bulls were unstoppable on Thursday as global risk aversion sent investors sprinting to safe-haven assets,” said Lukman Otunuga, research analyst at brokerage FXTM. “Although gold prices are noticeably weaker this morning, bulls remain in the driving seat above the $1,213 level. While the technical outlook points to further upside, fundamentals are still in the bear’s favor.”

11.10.2018 - Lukman Otunuga, research analyst at FXTM, says: While U.S. President Donald Trump’s renewed criticism of the Federal Reserve for hiking interest rates played a role behind the steep selloff, there were other key factors brewing in the background. It is becoming clear that global equity markets are facing a perfect storm of headwinds such as rising U.S. bond yields, U.S.-China trade disputes, global growth concerns and prospects of higher U.S. interest rates. For as long as these themes remain, appetite for stocks are likely to diminish further consequently fueling

11.10.2018 - Hussein Sayed, chief market strategist at FXTM, argues that Trump must take some of the blame for the market losses: While I agree with President Trump that Wednesday’s selloff is the fault of the Fed, he should be reminded that the trade war he started with China and re-imposing sanctions on Iran is also to blame. His actions helped building inflationary pressures and the Fed cannot stand still when it sees the economy overheating.

04.10.2018 - Hussein Sayed, Chief Market Strategist at FXTM, says the selloff in US Treasury bills was the biggest story in the markets last night: This time it wasn’t only the rate-sensitive two-year yields that marched higher. Yields across the curve all saw significant spikes with the 10-year rates jumping above 3.2% for the first time since May 2011, while the longer term 30-year yields traded at the highest level since 2014 reaching 3.37% at the time of writing.

03.10.2018 - “The yellow metal certainly surprised markets by soaring from $1,190 to $1,208 during Tuesday’s session as uncertainty around Italy fueled risk aversion,” said Lukman Otunuga, research analyst at FXTM.
“With the precious metal powering higher against a broadly stronger dollar, the outlook certainly points to further upside in the near term,” he said in a daily note. “However, with the key fundamental drivers weighing heavily on gold still firmly intact, the medium- to longer-term outlook remains tilted to the downside.”

21.09.2018 - “Due to other external uncertainties including and not limited to trade tensions and a U.S. mid-term election within two months, it is possible that investors will be prepared to give the Fed more time (for assessment of 2019 rate hike outlook),” said Jameel Ahmad, global head of currency strategy and market research at FXTM.

19.09.2018 - “The reassuring comments from the Chinese premier will go a long way towards reassuring investor confidence in China. Not only will it help stabilize the yuan, but it can also play a factor in helping currencies across the region, when factoring in how important China has become to the global economy,” said Lukman Otunuga, research analyst at FXTM.

04.09.2018 - “Gold bears were back in action on Tuesday thanks to a broadly stronger U.S. dollar,” said Lukman Otunuga, research analyst at FXTM, in a daily note. “With the mighty dollar set to dim gold’s shine and U.S. rate hike expectations denting appetite for the zero-yielding metal further, the outlook remains tilted to the downside.”

04.09.2018 - Further Pain’
Lukman Otunuga, research analyst at FXTM in London: “Emerging market currencies could be destined for further pain if the turmoil in Turkey and Argentina intensifies” “The combination of global trade tensions, a stabilizing U.S. dollar and prospects of higher U.S. interest rates may ensure EM currencies remain depressed in the short to medium term”

30.08.2018 - Hussein Sayed, chief market strategist at FXTM, says there will be more volatility in the weeks ahead: Many investors would be wondering whether Barnier’s statement could be a turning point for the pound. Although many issues related to trade and the Irish border are far from being resolved, it currently seems that negotiations may begin moving in the right direction.

30.08.2018 - “Gold’s trajectory continues to be heavily influenced by the dollar’s performance and U.S. interest-rate hike expectations,” said Lukman Otunuga, research analyst at FXTM, in a note Thursday.

28.08.2018 - “Global trade tensions have undoubtedly been the most significant source of risk in 2018,” said Hussein Sayed, chief market strategist at FXTM.
“The U.S.–Mexico deal seemed to boost confidence that the trade war is moving closer to an end, and the next question is who’s next to close a deal with Trump?” he said.

28.08.2018 - ANALYST TAKE: "A renewed sense of positivity and optimism continues to be felt across financial markets after the United States and Mexico reached a breakthrough deal over the NAFTA trade agreement," said Lukman Otunaga, research analyst at FXTM. "This highly encouraging development may ease trade war fears, elevate global sentiment and stimulate appetite for riskier assets. Although it remains uncertain whether Canada will join the agreement, there is an expectation that the nation agrees to the new terms in an effort to conserve the three-nation pact."

14.08.2018 - Hussein Sayed, chief market strategist at foreign exchange firm FXTM, argues that Turkish policymakers need take much more decisive action, immediately. With inflation expected to run above 20%, a current account deficit that continues to widen, bond yields trading at record highs and growing political tensions with the U.S., the Turkish administration have limited choices to stop the Lira from bleeding.

06.08.2018 - Lukman Otunuga, a research analyst at FXTM, said in an email: "With Brexit uncertainty weighing heavily on sentiment and haunting investor attraction towards the Pound, further losses could be witnessed in the near term. The GBPUSD has scope to attack 1.2900 in the near term, if the downside momentum holds."

02.08.2018 - U.S. gold futures were flat at $1,217.6 an ounce. "The slightly improved sentiment for gold has most likely
been encouraged by some weakness in the dollar," said Jameel
Ahmad, head of global currency and market research at FXTM.

02.08.2018 - “Although the pound initially appreciated following the hawkish hike, comments from Mark Carney during his press conference sent the currency collapsing like a house of cards,” said Lukman Otunuga, research analyst at FXTM. “The pound’s sharp decline could be based on investors acknowledging that today’s rate hike is a ‘one-and-done’ move. With Brexit uncertainty, cooling inflationary pressures and global trade tensions likely to obstruct the central bank’s efforts to raise interest rates, the Pound remains vulnerable to downside risks.”

31.07.2018 - “Buying sentiment towards the dollar could receive a boost if the central bank strikes a hawkish tone,” Lukman Otunuga, research analyst at futures brokerage FXTM in London, said in a note.